22 C
Georgetown
Saturday, May 15, 2021

Maersk Drilling bags exploration contract for one-well campaign in Suriname

Must Read

COVID-19 forces Saipem to postpone opening of construction facility in Guyana

Saipem has postponed the opening of its state-of-the-art offshore construction facility in Guyana this month after essential staff were...

Guyanese businesses to get more capacity building support under Exxon’s US$100M initiative

The Centre for Local Business Development will this year be focusing on the improvement of the technical capacity of...

Breakdowns at Caribbean oil refinery pushes U.S. to halt operations

(Reuters) - U.S. regulators on Friday ordered the Limetree Bay refinery on St. Croix, U.S. Virgin Islands, to cease...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Maersk Drilling has secured a contract for the semi-submersible rig Mærsk Developer which will be employed by PETRONAS Suriname Exploration & Production B.V. for a one-well exploration campaign in Block 52 offshore Suriname.

The contract is expected to commence in Q3/Q4 2020, with an estimated duration of 75 days. The value of the firm contract is approximately USD 20.4m, including integrated drilling services, mobilisation and demobilisation fees. The contract includes an additional one-well option.

“It is great to work for PETRONAS again with a quick reactivation of Mærsk Developer for this campaign in the exciting Suriname-Guyana basin. This will showcase our ability to smoothly and efficiently establish operations in new jurisdictions, as Mærsk Developer will become the first of our rigs to operate offshore Suriname,” says COO Morten Kelstrup of Maersk Drilling.

The Mærsk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000ft. It is currently warm-stacked in Aruba after ending its latest contract offshore Trinidad and Tobago.

- Advertisement -
- Advertisement -

OilNOW TV

Latest News

COVID-19 forces Saipem to postpone opening of construction facility in Guyana

Saipem has postponed the opening of its state-of-the-art offshore construction facility in Guyana this month after essential staff were...

Guyanese businesses to get more capacity building support under Exxon’s US$100M initiative

The Centre for Local Business Development will this year be focusing on the improvement of the technical capacity of local businesses, and their plans...

Breakdowns at Caribbean oil refinery pushes U.S. to halt operations

(Reuters) - U.S. regulators on Friday ordered the Limetree Bay refinery on St. Croix, U.S. Virgin Islands, to cease operations for at least 60...

ExxonMobil on track to reinstall, safely restart gas compression equipment by June

ExxonMobil Guyana is on track to have its redesigned gas compression equipment reinstalled and in operation by June. The company revealed in an update...

Liza could be last major frontier oil play discovered in the world – Westwood

The Guyana-Suriname basin is viewed by analysts in the oil and gas industry as potentially the last major frontier for deepwater discoveries. The world-class...

More Articles Like This